is this theft ?

No where near theft compared with the amount of server space you steal off AccyWeb with your strange posts.
 
is this theft? BBC News - Shock in Cyprus as savers face bailout levy this just shows the audacity of goverments and banks.i think this is pure theft .so now its not worth saving anything or getting a pension because the goverments and banks will just steal it off you.i can see europe in flames in the summer.

The levy doesn't officially take place until tuesday, but the scumbag bankers and politicians are limiting electronic transfers. What slimeballs; slicker than snot on a doorknob.
 
No where near theft compared with the amount of server space you steal off AccyWeb with your strange posts.

why is it strange,could this be a blueprint to do the same in this country.so its alright to follow all the rules save up for a rainy day and then these scummy slimeballs steal your money. to keep quiet would be strange.are you a secret banker:confused:;)
 
The bank rate has been at 0.5% for a while now.

The Bank of England is considering reducing it to below zero.

Paul Tucker: Bank chief raises the prospect of a base rate BELOW zero in bid to kickstart spending | Mail Online

....the banks would then need to charge savers for 'looking after':rolleyes: their money.
....which sounds like a variation on the savings tax inflicted on Cypriots.


I don't think it does, they would just be charging you for the service they provide.
 
why is it strange,could this be a blueprint to do the same in this country.so its alright to follow all the rules save up for a rainy day and then these scummy slimeballs steal your money. to keep quiet would be strange.are you a secret banker:confused:;)
Don't think Less is a banker but you're certainly an ham shanker:rolleyes:
 
According to what I have read, if the BOE do go into a negative interest rate...savers will not be charged, but the users of other services might be.

I don't get it.......I give the bank my money to hold for me.......they lend it out at an interest rate well above what they give me for saving with them..........but yet they want to charge for a current account.....but give me lots of 'perks' that I will never use and do not require....how does that work out?
 
Yer being ripped off Margaret,thats how it works,always has.
Well, no Cashy I'm not ,because I won't sign up for one of these 'modern' current accounts........but each time I go into the bank they tell me that my account is an 'old fashioned' one....I tell them 'it's like me then!'
 
Well, no Cashy I'm not ,because I won't sign up for one of these 'modern' current accounts........but each time I go into the bank they tell me that my account is an 'old fashioned' one....I tell them 'it's like me then!'
Splendid, thats exactly same as me, but never having been one to waffle much,i just say a loud NO.:D
 
Problem the banks have in the UK is that they have to charge 10% on credit cards just to cover defaulters (who for he most part just run). Obviously they charge 20-30% to ensure they can pay bonuses.

Here in Singapore I can get a car loan for 1.88% because Noone defaults. Defaulting is considered culturally shameful........long time since that was the case in he UK.

I expect Cyprus banks will collapse on Tuesday as the public rush to withdraw. What most people don't realise is that banks create 10x more money than there actually is so when this type of run happens they simply don't have it. If more than 5% of people turn up to withdraw then the system collapses. Pretty sure that'll happen here.
 
It appears that the Government in Cyprus is re-thinking this issue...and the vote has been postponed.
People had had their accounts frozen so that they could not withdraw all of their money.
George Osborne (fine fellow that he is?) has said that if british troops in Cyprus are affected by this edict from the EU(because it is the EU who has directed this to happen) he will compensate them for their losses.

I think this situation, forced on Cyprus by the EU, will have serious repercussions for the Eurozone.
We may see greeks, spaniards and the portugese take their money out of the banks and hide it in their mattreses...this will really de-stablise an already shonky currency.
 
our government dosnt need to raid bank accounts if our government wants more money they just whack a load more tax on things that people need like fuel and food
 
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